# PPP loan: NOVO CONSTRUCTION
> **$2.00M** approved 02/19/2021 · Paid in Full · Loan `2133548503`
## Borrower
- **Name:** NOVO CONSTRUCTION
- **Address:** 1460 Obrien Dr, Menlo Park, CA, 94025-1432
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (102%)
- **Forgiveness date:** 09/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 240
## Lender
- **Originating:** Fremont Bank
- **Servicing:** Fremont Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*